On the Brink of Higher Interest Rates

Author: Aaron UitenbroekMarch 16, 2016

Fed scenarios and interest rate rhetoric abound but there’s one story teller that will not lie… the chart.

Interest rates, as reflected by the ten-year yield ($TNX), are back testing resistance at 1.907 – 1.974. Any move above this zone of resistance, where rates have currently paused, will open the door for further upside. This would mean higher rates dead ahead.

On any move above 1.974, the next upside target / resistance zone in the ten-year yield is at 2.206 – 2.292.

The lows in ten-year rates earlier this year held the key zone of support that was established several years back at 1.564 – 1.651. This key zone of support remains intact with higher support established at 1.749 on any pullback.

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AaronUitenbroek

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Aaron Uitenbroek is a founder and managing partner at i10 Research. Aaron is a sought after market expert, providing advice to thousands of investment professionals every day including many of the top financial institutions on Wall Street and around the world. Some of the largest clients and consumers of Aaron’s i10 Research market advice and analyses are Standard and Poor’s (S&P), Wells Fargo Advisors, Morgan Stanley Wealth Management, UBS, Credit Suisse, Edward Jones, and many more institutional investors, money managers, and financial advisors.

As a market expert, Aaron authors a weekly technical outlook for the S&P Investment Policy Committee and his opinions and advice have been printed in Wall Street publications like Barron’s and featured on financial media like CNBC, Bloomberg, and FOX Business News. He has repeatedly been a featured speaker for S&P Capital IQ, presenting his market outlook and advice to several thousand of their wealth management clients.

Aaron is also the creator of VolumeAtPrice.com and the How To Read Markets Using Volume-At-Price training course that teaches investors and traders how to read markets, analyze charts, identify trades, and create a trading plan that has an edge using the valuable information provided by volume-at-price data. This course helps the student master their ability to get a valid read on any market or security, increase their returns, reduce their risks, and better serve themselves and/or their clients.

Aaron also publishes a digital magazine in the Apple App Store called Trading Rogue Magazine for iPhone and iPad where he shares regular market analysis updates on the US stock market (and other markets) as well as shares valuable educational content with his audience.

If you’d like to get in contact with Aaron, send an email to aaron@i10research.com.